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Dec 23, 2012
12/12
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but, again, piecing things together, "u.s. news & world report," saturday evening, life magazine, look magazine, all those helped me support my story, and with the story, again, of a protagonist that at no time know what was going on, but i put notes in the book so the reader knows what's going on, and the poor 23-year-old second lieutenant hasn't a clue until we fete to, until we get to mississippi and to memphis. sir, your second question, i'm sorry. >> training. >> training. >> what kind of training did you have? >> no. military police, i trained for p.o.w., for prisoner control, prisoners, foreign prisoners of war, our own people. taking them back and forth from the jail to court appearances, things like that. but never protecting, never bodyguarding something. so we had no starter kit. we just winged it those first couple days. and mistakes are made. you keep looking at meredith and not at the second story of a building. not at a window. you keep thinking like a mother watching its child go forward on the street. you keep
but, again, piecing things together, "u.s. news & world report," saturday evening, life magazine, look magazine, all those helped me support my story, and with the story, again, of a protagonist that at no time know what was going on, but i put notes in the book so the reader knows what's going on, and the poor 23-year-old second lieutenant hasn't a clue until we fete to, until we get to mississippi and to memphis. sir, your second question, i'm sorry. >> training. >>...
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Dec 23, 2012
12/12
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CSPAN2
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number is 6 trillion, even though the european economies as a whole are about the same size as the u.s. which you call bonded debt, or come in a skit involved in commercial paper, bonds and other sources. five chilliness country, only one in europe. that means europe is top-heavy with banks. but that means is if you're a small company and you start to grow, you don't have the capital industry we have. you don't have the diverse sources of capital here. sue eventually give forest to become part of a big company. so you don't get the microsoft and apple on the scale we get in this country. so you look the 1970s. terrible decade. microsoft, apple, oracle, charles schwab, southwest airlines, fedex and others. a capital system can nurture them, get them to grow and be independent companies of the future. so again, europe is a 2%, weaker at 3.5 even though it had the largest economy we have the capital markets to adjust and if government ends of messing up the markets as it does when it trashes the dollar, you get new instruments to come in that deal with it and try to make money off of it.
number is 6 trillion, even though the european economies as a whole are about the same size as the u.s. which you call bonded debt, or come in a skit involved in commercial paper, bonds and other sources. five chilliness country, only one in europe. that means europe is top-heavy with banks. but that means is if you're a small company and you start to grow, you don't have the capital industry we have. you don't have the diverse sources of capital here. sue eventually give forest to become part...
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Dec 9, 2012
12/12
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CSPAN
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also tomorrow, a look at how u.s. debt, slow economic growth and the retirement of baby boomers could impact the global and economic future of the united states. from the american enterprise institute doug join us live at 5:30 p.m. eastern also here on c-span. >> we are at the new york state museum. this is our galley that is dedicated to the history of september 11 and the attacks at the world trade center. we decided with the gallery to tell the story for the first moments of the attacks using objects from the world trade center site. this is a piece of steel from the south tower. we put it in a place where the public can and should come and touch it. it gives it a real tangible experience. this is a piece of steel from the north towers. this is a dramatically bent piece of steel. this is within 10 floors of the impact of 9/11 on the north tower. again, you can see the openings where the windows would have been and this metal strip would have held the aluminum clad on the front of the building. each piece of steel i
also tomorrow, a look at how u.s. debt, slow economic growth and the retirement of baby boomers could impact the global and economic future of the united states. from the american enterprise institute doug join us live at 5:30 p.m. eastern also here on c-span. >> we are at the new york state museum. this is our galley that is dedicated to the history of september 11 and the attacks at the world trade center. we decided with the gallery to tell the story for the first moments of the...
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Dec 17, 2012
12/12
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CNBC
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it operates 1700 convenience stores in primarily small towns in the u.s. in the past i've been hesitant because it faces margin pressures and up against a lot of competition. however, casey's had a nice run after a report of a solid quarter and the company could be reevaluating itself and maybe turn itself into a real estate investment trust. plus november same-store sales were strong. company's store remodeling, cost containment efforts starting to flow through to the bottom line. i think the current valuation is an intriguing entry point. i could see the stock trading up to 60, ten points above where it is now. sure, we'd like to see more of a return sign, but you know what? if you want to make a bet on casey's comeback, you can start a position, small position, right here. don't overstay your welcome if the stock does go to 60. let's me say this. all these ideas show me, once again, that we have the smartest viewers in the world who bring these to my attention. send someone a twitter was giving me heat, how could you not know northern tier? listen, ther
it operates 1700 convenience stores in primarily small towns in the u.s. in the past i've been hesitant because it faces margin pressures and up against a lot of competition. however, casey's had a nice run after a report of a solid quarter and the company could be reevaluating itself and maybe turn itself into a real estate investment trust. plus november same-store sales were strong. company's store remodeling, cost containment efforts starting to flow through to the bottom line. i think the...
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Dec 7, 2012
12/12
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CNNW
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it's a proxy war some say between the u.s. and iran. if assad goes, there are still 75 chemical weapon sites around this country and others who wouldn't have the moral hesitancy assad may have about using them. >> regardless of what happens to al assad, we had this threat, this problem, not only to us, but to our allies in the region. turkey, jordan, israel, all worry if assad falls, there must be a plan to secure these chemical weapon sites, but we should tell our viewers that u.s. militaries understood this problem and have been planning and work wg allies over the region over the course of the last 12 months. they have been planning for it. >> thank you very much. both of you. "outfront" next, a 20-year veteran of the navy accused tonight of being a spy. why officials think he was leaking crucial secrets to the russians and as two states prepare to -- sir richard bransens tells us why the war on drugs has been an utter failure. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver p
it's a proxy war some say between the u.s. and iran. if assad goes, there are still 75 chemical weapon sites around this country and others who wouldn't have the moral hesitancy assad may have about using them. >> regardless of what happens to al assad, we had this threat, this problem, not only to us, but to our allies in the region. turkey, jordan, israel, all worry if assad falls, there must be a plan to secure these chemical weapon sites, but we should tell our viewers that u.s....
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Dec 9, 2012
12/12
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CSPAN2
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the u.s. senate. on weeknights watch the public policy defense, and to weaken the latest nonfiction authors and books on booktv. you can see past programs and get our schedules at our websites, and you can join in the conversation on social media sites. >> here's some of the top selling nonfiction titles that independent bookstores around the country. you can find more by going to in the bounder.org and clicking on in the rest of sellers. >> tranelevetraneleve n is the name of the book. george mason university professor john turner is the author. we are here on location at george mason university. professor turner, who was brigham young? >> most simply he was the second president of the church of jesus christ of latter day saints, the successor to joseph smith. is also the first governor of the utah territory, and the man who led the mormons across the country over the mountains to their new home in the west. >> how did he become more well-known today and joseph smith is? >> he lived a lot lon
the u.s. senate. on weeknights watch the public policy defense, and to weaken the latest nonfiction authors and books on booktv. you can see past programs and get our schedules at our websites, and you can join in the conversation on social media sites. >> here's some of the top selling nonfiction titles that independent bookstores around the country. you can find more by going to in the bounder.org and clicking on in the rest of sellers. >> tranelevetraneleve n is the name of the...
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Dec 26, 2012
12/12
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has the castro regime ever tried to assassinate a u.s
has the castro regime ever tried to assassinate a u.s
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it's very serious because u.s. navy officials often tell us where surface ships and carriers are located around the world at any particular moment. they almost never discuss where the subs are. that is classified information. now, the indictment says that hoffman thought he was giving this to a russian intelligence agent. actually what he was doing is handing it over to an fbi agent working an undercover sting. these are very serious charges. he could face life in prison. >> when you think about what other information he may have had access to, how long this could have been happening or whether it happened before, what's his background and what sort of information, security clearance might evidence. >> pretty high. you mentioned he'd been in for 20 years. he was a petty officer first cla class. his rating was a chiropractcryp. he was a naval submarine warfare specialist, so he had a high security clearance, access to a lot of information. but the interesting thing is over that 20-year career he had six good conduct
it's very serious because u.s. navy officials often tell us where surface ships and carriers are located around the world at any particular moment. they almost never discuss where the subs are. that is classified information. now, the indictment says that hoffman thought he was giving this to a russian intelligence agent. actually what he was doing is handing it over to an fbi agent working an undercover sting. these are very serious charges. he could face life in prison. >> when you...
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Dec 4, 2012
12/12
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CNBC
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we are looking for, you know, u.s. growth of 1 to 2% and primarily because, you know, housing is now in an upswing as opposed to a down swing. >> we have a graphic for our viewer ares, thanks to our team for getting done quick, i just came across it, bill, the average home size in the u.s., not amount biggest in the world but gone up 30% since 1973, the average new car is 30,000 dollars. college costs out of control but never how anything how incomes have gone up. if anything, stayed the same or gone down. how the hell are we affording all this stuff? >> that is a great point. i would suggest and point out, in terms of evidence, the corporate profits as a percentage of gdp are at historical highs, 12 to 13% of gdp. what you suggest in terms of wages as a percentage of gdp is correct. for the past 10, 15, 20 years, real terms, wages have not gone up, corporations in effect, been eating their seed corn, denigrating their consumer base and difficult going forward for them to sell product to a consumer base that has very l
we are looking for, you know, u.s. growth of 1 to 2% and primarily because, you know, housing is now in an upswing as opposed to a down swing. >> we have a graphic for our viewer ares, thanks to our team for getting done quick, i just came across it, bill, the average home size in the u.s., not amount biggest in the world but gone up 30% since 1973, the average new car is 30,000 dollars. college costs out of control but never how anything how incomes have gone up. if anything, stayed the...
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Dec 21, 2012
12/12
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CNBC
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then, as hiring picks up in the u.s., could paychecks help you cash in? and with the housing market in full recovery, is it time to furnish your financials with ethan allen? they are the interviews you can't afford to miss, all coming up on "mad money." >>> don't miss a minute of "mad money." follow @jimcramer on twitter. tweet cramer #madtweets. send jim an e-mail or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> our leaders in washington are constantly paying lip service to the importance of small business as they posture and generally do nothing constructive to reach a fiscal cliff deal. if the politicians really cared about small business, they would just stop talking right now and start listening to paychex, the leading payroll processing company that reported last night. they delivered inline earnings slightly weaker than expected revenues. it lowered its growth forecast down to the 2% to 3% range. paychex is paying you to wait for a term but i think washington is making you wait longer. so let's check in with the p
then, as hiring picks up in the u.s., could paychecks help you cash in? and with the housing market in full recovery, is it time to furnish your financials with ethan allen? they are the interviews you can't afford to miss, all coming up on "mad money." >>> don't miss a minute of "mad money." follow @jimcramer on twitter. tweet cramer #madtweets. send jim an e-mail or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> our...
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Dec 20, 2012
12/12
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CNBC
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then, as hiring picks up in the u.s., could paychecks help you cash in? and with the housing market in full recovery, is it time to furnish your financials with eth ethan allen. there are the interviews you can't afford to miss, all coming up on "mad money." >>> don't miss a minute of "mad money." follow jim on twitter. send jim an e-mail or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> our leaders in washington are constantly paying lip service to the importance of small business. as a posture generally do nothing constructive to reach a fiscal cliff deal. if the politicians really cared about small
then, as hiring picks up in the u.s., could paychecks help you cash in? and with the housing market in full recovery, is it time to furnish your financials with eth ethan allen. there are the interviews you can't afford to miss, all coming up on "mad money." >>> don't miss a minute of "mad money." follow jim on twitter. send jim an e-mail or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. i always wait until the last minute. can i still...
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Dec 22, 2012
12/12
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CSPAN
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they want the u.s. economy to be stronger as quickly as possible, because it means there will be able to continue to export. as much as they're trying to move from an export driven economy to a more domestic consumption based economy, they will still rely heavily on exports. the more americans are working, the more money they have in their pockets, the more they will be shopping in stores, and so much of what they buy is made from many other countries, including china. the healthier the u.s. economy is, the more that china will export. that means jobs for the chinese people. >> when you talk to leaders, how much are they actually were it about united states? -- worried about united states? >> i think united states is incredibly important to china, and recognize that. not only in very practical ways, but in another way, more psychological. there is a 150 year history were china has been trying to check itself up in big shin itself upr status. there is this lingering psychological mindset of china being v
they want the u.s. economy to be stronger as quickly as possible, because it means there will be able to continue to export. as much as they're trying to move from an export driven economy to a more domestic consumption based economy, they will still rely heavily on exports. the more americans are working, the more money they have in their pockets, the more they will be shopping in stores, and so much of what they buy is made from many other countries, including china. the healthier the u.s....
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Dec 21, 2012
12/12
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u.s. dot and fda provided critical support. the ministry was personally involved in getting specialized breakers from chicago for service. but with path operating at less than full strength on partial schedules, and as new jersey transit continues its efforts to restore service, commutes are still badly disrupted. what normally was a 45-minute ride has now doubled or worse as commuters displaced seek alternative transit. those with late evening shifts are still bearing the burden of limited service, having to rely on late-night bus is to make their way home. we continue to rebuild and repair across our network, but as the case of the state of new york and new jersey, the port authority will need the federal government's health. we're not at full strength and we have endured hundreds of millions of dollars of damage. electric substation 7 patched together with parts. parts are offering -- operating on a manual lock, with communicators by radio while the signaling systems are under repair. to bring the system that will require hu
u.s. dot and fda provided critical support. the ministry was personally involved in getting specialized breakers from chicago for service. but with path operating at less than full strength on partial schedules, and as new jersey transit continues its efforts to restore service, commutes are still badly disrupted. what normally was a 45-minute ride has now doubled or worse as commuters displaced seek alternative transit. those with late evening shifts are still bearing the burden of limited...
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Dec 31, 2012
12/12
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LINKTV
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the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i think president obama is proposing the concept of a fallback option, which would at least deliver some of the extension of the tax cuts and also unemployment benefits, which is very important. if the unemployment benefits cease after the first of january, that has an immediate impact on expenditure in the u.s. on about 2 million unemployed people. i think he is going to try to put together a skeleton deal to at least bridge the gap while negotiations continue. u.s. secretary of state -- >> u.s. secretary of state hillary clinton has been taken to hospital. she suffered a concussion earlier this month. she is being treated with blood thinning medication and she
the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i think president obama is proposing the concept of a fallback option, which would at...
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Dec 5, 2012
12/12
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. >> shepard: u.s. officials say they have recently spotted the syrian military moving around chemical weapons components. syria is believed to have enormous stockpiles of chemical weapons, gases that can kill people by raising blisters on their lungs or shutting down their nervous systems. as bashar assad's regime gross desperate the chances of him unleashing those weapons are growing. the fighting that began last year in syria has killed at least 40,000 people. if president assad gives the go ahead for the chemical weapons attacks it's hard to predict how many more would dyed. we have team fox coverage tonight jonathan hunt at the united nations first to james rosen at the state department and to james nato is taking steps to minimize the amount landing outside of syria. >> that's right, shep. the foreign ministers of the military alliance gathered in brussels today and announced there that they have approved a request made by member state turkey which asked for u.s.-made patriot antimissile batteries
. >> shepard: u.s. officials say they have recently spotted the syrian military moving around chemical weapons components. syria is believed to have enormous stockpiles of chemical weapons, gases that can kill people by raising blisters on their lungs or shutting down their nervous systems. as bashar assad's regime gross desperate the chances of him unleashing those weapons are growing. the fighting that began last year in syria has killed at least 40,000 people. if president assad gives...
SFGTV2: San Francisco Government Television
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Dec 12, 2012
12/12
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SFGTV2
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the cost was close to 30 billion u.s. dollars. how we organize, well, we have something similar that you have. we have the national emergency office under the internal affair minister and they have offices in the different counties, in the different places in chile this emergency office request aid directly to the joint chief of staff and joint chief of staff to the army, navy or air force and then we move the pieces to put the aid where they need it. the scenario, the beginning when we face this was the same thing we are talking about in this seminar. the necessity was access because everything was, the delivery was absolutely hampered because of the roads so we have to clean it. water, food, electricity and communications. another need at that time to do that is field hospital generators, housing, sat coms, purifying water systems and mobile bridges. so the force was at the beginning just to distribute the aid and at the end start doing law enforcement when the government declared catastrophe and the president gave us the author
the cost was close to 30 billion u.s. dollars. how we organize, well, we have something similar that you have. we have the national emergency office under the internal affair minister and they have offices in the different counties, in the different places in chile this emergency office request aid directly to the joint chief of staff and joint chief of staff to the army, navy or air force and then we move the pieces to put the aid where they need it. the scenario, the beginning when we face...
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Dec 6, 2012
12/12
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i never thought i'd be a u.s. senator. that opportunity presented itself partially as a result two things were able to accomplish and is the speaker of the florida house. i think the same principle applies. who knows, and maybe the commissioner commissioner of the nfl. they keep putting that out in the hopes that they'll say hey, will interview this guy. >> so we likely to run for president? >> i have no idea. i just don't know. right now i'll focus on being a good u.s. senator, moving forward on public policy in a few years i'll have an opportunity to decide what i want to run for reelection, run for something else to go home and get someone else a shot. >> were about to get that here, why did mitt romney lose? i think florida is a very come tentative state. issues the political observer, the obama turnout. there's this restaurant near the church that we go to, a catholic church that right next door is a storefront, obama for america organizing before the election, seen what are they doing? what could they possibly be doi
i never thought i'd be a u.s. senator. that opportunity presented itself partially as a result two things were able to accomplish and is the speaker of the florida house. i think the same principle applies. who knows, and maybe the commissioner commissioner of the nfl. they keep putting that out in the hopes that they'll say hey, will interview this guy. >> so we likely to run for president? >> i have no idea. i just don't know. right now i'll focus on being a good u.s. senator,...
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Dec 16, 2012
12/12
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u.s. military and it was a military oftentimes i say i'm army out of place. the military police had the mission sometimes to put down domestic disturbances that they occurred once every 100 years assumptive to that effect, clearly not the mission of the 82nd airborne are the 101st or even the marine corps who were present that morning. 19,000 troops. two units had prepared, had been given advance notice as to what they were doing and they prepared for it in riot control. why all of this for one african-american student who wanted to get an education? it's a brand name university. it's because the whole state was an insurrection from the government to to the statehouse itself statehouse itself down to the 11-year-old who were throwing bricks at us in the streets. it was total chaos, a little mayhem and even the mississippi highway patrol had pulled away so there was your insurrection. it lasted two or three days. the violent part of it and then after that i was appointed to be the security officer for james meredith and went to school with him, or he went to s
u.s. military and it was a military oftentimes i say i'm army out of place. the military police had the mission sometimes to put down domestic disturbances that they occurred once every 100 years assumptive to that effect, clearly not the mission of the 82nd airborne are the 101st or even the marine corps who were present that morning. 19,000 troops. two units had prepared, had been given advance notice as to what they were doing and they prepared for it in riot control. why all of this for one...
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Dec 9, 2012
12/12
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WUSA
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u.s. falls over the fiscal cliff $2.5 million could be slurred from the budget. economics influences everything from the types of questions researchers ask to the quantity and quality of scientists who conduct research. in her book how economic shapes science georgia state university economist paula stephan argues --
u.s. falls over the fiscal cliff $2.5 million could be slurred from the budget. economics influences everything from the types of questions researchers ask to the quantity and quality of scientists who conduct research. in her book how economic shapes science georgia state university economist paula stephan argues --
SFGTV2: San Francisco Government Television
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Dec 5, 2012
12/12
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SFGTV2
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marine corps, 20 members from the u.s. navy, 10 members the u.s. coast guard, where we will then partner with them and cross train them and use our techniques, reaching technical rescue and high and low rescue being demonstrated in display. we will also be having some of our u.s. navy personnel on ride-alongs with members on our ambulances, fire engines and trucks to continue with our cross training. so, it gives me great pride to be here to continue to serve as the fire chief, to welcome the military, and to say thank you to all of you. here's to an enjoyable fun-filled busy weekend. all the best, and thank you for your service. (applause) >> i wanted chief to tell you about that training. we first did it in 2010, search and rescue which we knew was a problem in haiti in the earth wake in the recovery. and like they say in san francisco, the fire department, we know how to do it, but when the big earthquake hits, we're all going to be victims and we want to make sure that anybody that potentially could come in to help dig us out knows how to do it
marine corps, 20 members from the u.s. navy, 10 members the u.s. coast guard, where we will then partner with them and cross train them and use our techniques, reaching technical rescue and high and low rescue being demonstrated in display. we will also be having some of our u.s. navy personnel on ride-alongs with members on our ambulances, fire engines and trucks to continue with our cross training. so, it gives me great pride to be here to continue to serve as the fire chief, to welcome the...
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Dec 14, 2012
12/12
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COM
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. >> today the u.s. air force launched a top secret they call it unmanned spacecraft. kind of like a space drone. officials aren't saying much of anything about this thing, but the experts say it's likely testing out new equipment for spying. >> jon: yeah, guess what -- [whispers] not working. i'm not especially worried about north korea. we all know when the world ends, it will be an asteroid that does us in. on that score we're totally safe. >> close encounter of the asteroid kind. two asteroids buzzed earth, one of them passing inside the moon's orbit. nasa says the 120-foot wide rock came within about 140,000 miles of our planet. this is the scary part, no one knew this asteroid was coming until a couple days ago. kind of snuck up on us. >> jon: snuck up on us? [laughter] it's not a puma. it's a giant [bleeped] rock hurdling through space. can we not see anything coming our way? how is it we've got this massive spy satellite homeland security apparatus and apparently the only thing we've gathered reliable footage of is what every single airline passenger looks like
. >> today the u.s. air force launched a top secret they call it unmanned spacecraft. kind of like a space drone. officials aren't saying much of anything about this thing, but the experts say it's likely testing out new equipment for spying. >> jon: yeah, guess what -- [whispers] not working. i'm not especially worried about north korea. we all know when the world ends, it will be an asteroid that does us in. on that score we're totally safe. >> close encounter of the...
SFGTV2: San Francisco Government Television
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Dec 1, 2012
12/12
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SFGTV2
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we had urban search and rescue, u.s. coast guard, and this provided an opportunity for our military to work with the federal and state partners there in learning how to interact with their agencies and also being able to learn some of the different capabilities that they have in using their equipment. we also had some medical partners there where they were able to locate and evacuate the medical patients and that also showed a great partnership. this is the health care association for hawaii and this is the part of the agency that helped us coordinate the medical response part of this. they were able to conduct a 50-bed disaster medical assistance team hospital on the island of oahu and this allowed the state of hawaii to be able to exercise their state-wide disaster drill. one of the things that hawaii has never been able to do is to be able to practice together in one live exercise. they have all of their processes, how they're going to respond in a local disaster situation, but they have never been able to really put
we had urban search and rescue, u.s. coast guard, and this provided an opportunity for our military to work with the federal and state partners there in learning how to interact with their agencies and also being able to learn some of the different capabilities that they have in using their equipment. we also had some medical partners there where they were able to locate and evacuate the medical patients and that also showed a great partnership. this is the health care association for hawaii...
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Dec 24, 2012
12/12
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at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that ha
at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing...
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Dec 9, 2012
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if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this will cause problems in the credit markets. the credit markets will ultimately adjust. the reality has not changed. you will see hedge funds and private equity firms, but that is the process. it will take time. between now and then, it will create a greater amount of turmoil. it is what this means. it means that we do not have the political will to nail this thing down. and we will not. people will recognize that and we will go nowhere. >> if you want to preserve the entitlement, get us to balance. >> get us to sustainability.
if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this...
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Dec 4, 2012
12/12
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the u.s. navy says it's not missing a drone in the middle east. i'm joined by elise in washington. first u.s. far from the only country to possess drones neen that part of the world, multiple countries do. could the aircraft belong to someone else? >> well, certainly, michael. the u.s. says none of its drones are missing and it follows it could belong to someone else. the united states has identify the 76 countries that use this type of drone country and many u.s. allies in the persian gulf are also using it. but it's unclear how iran got a hold of it anyway. it's possible that it got lost or it had a mechanical failure. it's not clear that it shot down. >> exactly. one of the questions that's been asked, and they've claimed to have done this before, in fact this announcement comes a day to the -- a year to the day after iran claimed to have shot down another u.s. drone and they say that one crashed in the iranian desert. >> that's right. it's a great propaganda for the iranians to say that th
the u.s. navy says it's not missing a drone in the middle east. i'm joined by elise in washington. first u.s. far from the only country to possess drones neen that part of the world, multiple countries do. could the aircraft belong to someone else? >> well, certainly, michael. the u.s. says none of its drones are missing and it follows it could belong to someone else. the united states has identify the 76 countries that use this type of drone country and many u.s. allies in the persian...
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Dec 8, 2012
12/12
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u.s. and british regulators still have to approve the deal. two years ago google offered six billion to buy daily deal website group-on before it went public. group-on's market value is half that tonight and bloomberg reports there's take-over speculation. the stock jumped 23% today. volume more than doubled. some of the buying also could be from traders who sold short the stock to profit as it was falling. four of the top five most actively traded exchange traded products were higher. the lone hold-out was the nasdaq 100 tracking fund, which includes apple. the fund was down 0.06%. and that's tonight's "market focus." tall tom dow growth is one reason tonight's market monitor thinks the economy will pick up speed next year and so will stocks. mark luschini back with us at janney montgomery scott. the job market we saw today improving in the last month but still slow, do you think it's going to pick up the pace of that improvement next year and why. >> well we do, tom. the fact of the matter is we've been seeing steady spectacular job growth f
u.s. and british regulators still have to approve the deal. two years ago google offered six billion to buy daily deal website group-on before it went public. group-on's market value is half that tonight and bloomberg reports there's take-over speculation. the stock jumped 23% today. volume more than doubled. some of the buying also could be from traders who sold short the stock to profit as it was falling. four of the top five most actively traded exchange traded products were higher. the lone...